v3.26.1
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Assets    
Cash and due from banks $ 85,596 $ 70,061
Federal funds sold and interest bearing due from banks 581,123 816,315
Total cash and cash equivalents 666,719 886,376
Mortgage loans held for sale, at fair value 5,758 6,247
Available for sale debt securities (amortized cost of $773,658 in 2026 and $801,371 in 2025, respectively) 692,798 722,111
Held to maturity debt securities (fair value of $175,255 in 2026 and $181,203 in 2025, respectively) 192,956 198,946
Federal Home Loan Bank stock, at cost 20,717 20,717
Loans [1] 7,226,429 7,041,310
Allowance for credit losses on loans (93,596) (91,867)
Net loans 7,132,833 6,949,443
Premises and equipment, net 119,856 118,698
Premises held for sale 896 1,678
Bank owned life insurance 92,517 91,885
Accrued interest receivable 28,579 28,783
Goodwill 194,074 194,074
Intangible 11,361 12,160
Other assets 307,792 305,006
Total assets 9,466,856 9,536,124
Liabilities    
Non-interest bearing 1,456,324 1,435,846
Interest bearing 6,300,912 6,355,291
Total deposits 7,757,236 7,791,137
Securities sold under agreements to repurchase 87,513 112,476
Federal funds purchased 7,345 7,289
Subordinated debentures 26,806 26,806
Federal Home Loan Bank advances 300,000 300,000
Accrued interest payable 1,706 1,740
Other liabilities 183,315 220,979
Total liabilities 8,363,921 8,460,427
Stockholders’ equity    
Preferred stock, no par value. Authorized 1,000,000 shares; no shares issued or outstanding 0 0
Common stock, no par value. Authorized 40,000,000 shares; issued and outstanding 29,516,000 and 29,476,000 shares in 2026 and 2025, respectively 59,222 59,090
Additional paid-in capital 406,774 402,820
Retained earnings 698,139 675,062
Accumulated other comprehensive loss (61,200) (61,275)
Total stockholders’ equity 1,102,935 1,075,697
Total liabilities and equity 9,466,856 9,536,124
Core Deposits [Member]    
Assets    
Intangible 6,193 6,688
Customer Lists [Member]    
Assets    
Intangible $ 5,168 $ 5,472
[1] Total loans are presented inclusive of premiums, discounts and net loan origination fees and costs.